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🎙️ International Bestseller
[4 minutes to read] Plus: The economics of books
Weekend edition
📚 The great American author Stephen King rejected himself.
King had written his first story, ‘Carrie,’ but threw it in the trash because he felt it was inadequate.
The next day, his wife pulled the story draft out of the trash — she wanted him to stick with it. So he finished the book, and although over 30 publishers rejected it, he eventually got it published, paving the way for a brilliant career. He’s now worth over $500 million.
Today, we'll discuss the economics behind top-selling books (including King’s) in just 4 minutes to read.
(Housekeeping note: U.S. markets are closed Monday for Presidents’ Day, so we’ll be back in your inbox on Tuesday.)
— Matthew
Quote of the Day
"The best way to measure your investing success is not by whether you’re beating the market but whether you’ve put in place a financial plan and a behavioral discipline that are likely to get you where you want to go."
— Benjamin Graham
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What Else We’re Into
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